UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,401 sqft
Price per Sqft $755
Subdivision North Allen Villas Homeowners Association
MLS Listing ID WS26236558
Bedrooms 3
Full Baths 3
HOA Fees $430/mo
HOA Y/N Yes
Year Built 2020
Lot Size 7,880 Sqft
Property Sub-Type Condominium
Property Description
118 N Allen Ave #4, Pasadena, CA 91106
An exceptional opportunity to own a modern condominium in desirable central Pasadena!
Built in 2020 and operated as an Airbnb since 2021, this well-maintained property features 3 bedrooms and 3 bathrooms, with a private bathroom for each bedroom—ideal for families, business travelers, and larger groups.
ESTABLISHED AIRBNB RENTAL HISTORY
Unlike a newly launched rental, this property offers an established short-term rental operation with several years of hosting history. Its current Airbnb listing has earned an impressive 5.0-star rating from 18 guest reviews, reflecting excellent guest satisfaction.
An attractive opportunity for investors seeking a property with an existing rental track record. Buyers are encouraged to contact the seller's agent for historical rental income, occupancy rates, and operating performance.
DESIRABLE PASADENA LOCATION
Conveniently located near Caltech, restaurants, shopping, businesses, and public transportation, the property offers easy access to everyday amenities and attracts visiting families, students, business travelers, and tourists.
BUILDER-OWNED PROPERTY – NOW FOR SALE
Originally retained by the builder as a long-term investment, the property has been operated as an Airbnb since 2021. The builder is now selling to allocate capital toward other development projects, creating an opportunity to acquire a relatively new property with an established rental history.
PROPERTY HIGHLIGHTS
* Built in 2020 with modern construction.
* 3 bedrooms and 3 bathrooms.
* Private bathroom for each bedroom.
* Established Airbnb operation since 2021.
* Current Airbnb rating: 5.0 stars with 18 reviews.
* Prime Pasadena location near Caltech and local amenities.
* Previously operated as a builder-owned income-producing investment.
A UNIQUE OPPORTUNITY IN PASADENA!
Whether you are looking for a modern residence or an investment property with an established Airbnb operating history, this property is worth exploring.
Contact the seller's agent for additional rental performance information and schedule your private showing today!
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Rooms
Main Level Bedrooms 1
Interior
Interior Features Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Laundry Closet, Upper Level
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Amenities Available Maintenance Grounds
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description Landscaped
Dwelling Type House
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Pasadena Unified
Others
HOA Name North Allen Villas homeowners Association
Senior Community No
Tax ID 5746017172
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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